Tiger Oil and Energy Inc. (TGRO)
OTC PINK OTC PINK Primary Summary
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Tiger Oil and Energy Inc. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Howard H. Bouch CEO | OTC PINK Exchange | 88674T106 CUSIP |
| US Country | 83 Employees | - Last Dividend | 20 Mar 1998 Last Split | - IPO Date |
Overview
Tiger Oil and Energy, Inc. is a company entrenched in the energy sector, particularly in the exploration, development, and production of oil and gas assets within the United States. The entity has evolved over time, initially known as UTEC, Inc. before rebranding to its current name in September 2010. This strategic rebranding reflects its sharpened focus on the dynamic and demanding energy market. Tiger Oil and Energy, Inc. has strategically positioned its operations by securing a significant working interest, specifically a 30% stake, in the DeFore and Stalnaker leases located in Cowley County, Kansas. This interest showcases the company's commitment to investing in valuable assets that have the potential to generate substantial returns. The company's headquarters are situated in Las Vegas, Nevada, serving as a central hub for its operational, strategic, and administrative functions.
Products and Services
- Exploration Services
- Development Services
- Production Services
Tiger Oil and Energy, Inc. provides comprehensive exploration services aimed at identifying viable oil and gas reserves. This involves geological surveying, mapping, and various forms of testing to ascertain the presence of hydrocarbons. These services are a critical first step in the valorization of untapped oil and gas assets, setting the stage for potential development and production.
Following successful exploration, the company engages in the development of identified oil and gas assets. This includes the design and implementation of infrastructural projects such as the construction of wells, installation of pipelines, and the establishment of processing facilities. The objective is to prepare these assets for efficient and effective production.
At the core of Tiger Oil and Energy, Inc.'s offerings is its production services. These services encompass the operational activities required to extract oil and gas from the earth and prepare it for sale and distribution. Through its 30% working interest in specific leases, the company is directly involved in the production process, ensuring that it plays a pivotal role in the supply chain of these critical resources.
